DEBT

UNICREDIT, ERG

Unicredit completed a placememt of Erg shares equal to about 4 percent of Erg capital at 18.6 euros per share to raise about 111.84 million euros.

(*) FIAT CHRYSLER

Fiat Chrysler Automobiles is in advanced settlement talks with the U.S. Justice Department and California Air Resources Board over accusations that the company illegally used software that led to excess emissions in 104,000 U.S. diesel vehicles sold since 2014.

ENI

Eni grew its oil and gas production by 4 percent in the first quarter, CEO Claudio Descalzi said on Tuesday.

(*) POSTE ITALIANE, INTESA SANPAOLO

Poste Italiane and Italy’s biggest retail bank Intesa Sanpaolo said on Wednesday they had signed a three-year distribution agreement for a series of products and services.

(*) SAIPEM

The company is part of a consortium that will build the Hoima refinery in Uganda, several papers said. The project is worth an overall $4 billion, they said.

(*) TISCALI

The company’s business plan to 2021 includes a 50 million euro capital increase, 15 million of which will be injected by the top two Russian investors, Il Messaggero said.

ALITALIA

Lufthansa has joined easyJet in expressing interest in struggling Italian carrier Alitalia, the airlines said on Tuesday. EasyJet said it had submitted a revised expression of interest for a restructured Alitalia as part of a consortium. (*) The Italian carrier said it had received 3 offers. Newspapers said the offers were from Lufthansa, easy Jet and Wizz Air.

IPO

A listing of the companies Eataly and iGuzzini is possible next year, Giovanni Tamburi told Reuters. Tamburi is head of TIP which is a shareholder of both groups. The IPO of Octo Telematics is very close, he said.